FPL 8.33% 0.7¢ fremont petroleum corporation limited

Ann: FPL commences work to monetize Gas from Pathfinder Field, page-11

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  1. 3,607 Posts.
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    so - rather than continue looking in the rear view mirror ........(and one can take that with as many grains of salt as is reqd ......) ....

    1. the gas resource is "there" albeit, so is assoc with minor oil, while some is in a deeper formation .....
    2. to execute a GSA - will require PDP 1c number .......whatever that happens to be ....
    3. what level of infra is reqd ....
    4. how many new wells reqd ......
    5. what sort of offtake .....

    i (personally) doubt this could be debt financed ........so one would expect (and i guess mr market also) some sort of capital requirement to answer some of the above questions .......

    lets hope they can do some / all of the above .......

    i (again personally). will wait and see .......

    rgds
    V_H
 
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